Thailand plans to regulate, limit cryptocurrency payment for goods, services

13 Sept 12:59 Key points summarised by AI

Thai financial authorities (Finance Ministry, Bank of Thailand, SEC) plan to regulate and limit cryptocurrency payments for goods and services.
The primary objective is to prevent risks to the nation's financial stability and economic system, primarily due to the high volatility of cryptocurrencies.
While supporting beneficial digital asset innovations, the agencies emphasize the necessity of regulations to curb risky cryptocurrency operations.
Public hearings are scheduled to gather stakeholder opinions on the proposed regulatory measures and digital asset services.

New home loan scheme aims to boost property sector with Bt125 billion

Today 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.